Question: Question 8 1 pts A bond has a face value of $1,000 and 5 years to maturity. This bond has a coupon rate of 11

 Question 8 1 pts A bond has a face value of

Question 8 1 pts A bond has a face value of $1,000 and 5 years to maturity. This bond has a coupon rate of 11 percent and is selling in the market today for $902. Coupon payments are made annually on this bond. What is the yield to maturity (YTM) for this bond

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